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March 13, 2024 | Corporate Counsel

Estée Lauder GC Exits as Battered Cosmetics Giant Preps for Makeover

Executive Chairman William Lauder said departing General Counsel Deirdre Stanley is "a highly sought-after mentor, collaborative colleague, and respected adviser, and has elevated our work around the world."
2 minute read
March 12, 2024 | The American Lawyer

Anticipating Transactional Rebound, Am Law 50 Steps Up Partner Hiring in Early 2024

"It shows optimism about what's to come," Macrae partner Jon Truster said. "I don't believe that the hiring is reflective of deal activity. I think it's law firms being more opportunistic that their corporate departments will become busier."
6 minute read
March 08, 2024 | The American Lawyer

Baker & Hostetler Reverses Profitability Declines But Compensation Pressures Mount

Revenue grew by 7.6% in 2023 to top $971 million, while PEP rose by 3.6% to more than $1.8 million.
6 minute read
March 08, 2024 | Law.com

AI, the Billable Hour and Improving Client Service

The ultimate guardian of the quality of client service is the partners' own judgement but properly utilizing AI can set expectations that will benefit the clients and the firm and end forever the "End of the Billable Hour" stories.
7 minute read
March 05, 2024 | The American Lawyer

The Leadership Implications of Overpaid Service Partners

"Most partners in support practices are earning dramatically more than they ever thought they would, and at root they know they're earning more than their practices warrant," writes Hugh Simons.
5 minute read
March 04, 2024 | The American Lawyer

Deal Watch: Davis Polk, Latham and Simpson Land on Rising Debt Deal Work

The number of announced debt offerings hit an all-time high for the Deal Watch column in the last week, with no fewer than 20.
11 minute read
March 04, 2024 | Delaware Business Court Insider

Tesla Shareholder Attorneys Ask for $5.6B in Stock to Cover Fees, in Record Request

Bernstein Litowitz Berger & Grossmann, Friedman Oster & Tejtel and Andrews & Springer attorneys stressed they're seeking only a fraction of what Delaware law would allow.
5 minute read
March 04, 2024 | The American Lawyer

Vanessa Ford Reminded Us That Law Firm Culture Is Still Toxic. Why Does It Survive? 

Law firms have been trying to improve their culture for a long time. So why, the Global Lawyer asks, are we still shocked when we are jolted into realizing not much has changed?
10 minute read
March 04, 2024 | The American Lawyer

Freshfields, Recruiting From Latham, Hires New Leaders for Private Capital Practice

The two "represent some of the largest private equity sponsors in the world," they said in an interview, noting they were impressed with Freshfields' growth in corporate ancillary practices.
4 minute read
March 04, 2024 | The American Lawyer

Cravath M&A Partner Moves to White & Case, Attracted to Firm's Cross-Border Practice

When asked why an established M&A attorney would leave Cravath, he said it was about looking to the future.
4 minute read

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